Key takeaways MTD’s quarterly updates means you’re in the best position to know about your tax bill, thanks to HMRC’s estimate. MTD’s focus on better accounting and up-to-the-minute records could help you get finance such as loans or mortgages. MTD is your time to finally get on top of your accounting by making it digital—and … [Read more…]
Making Tax Digital (MTD) was first announced back in 2015, with Income Tax the initial planned inclusion. History shows things didn’t run quite to plan. But now, here we are over a decade later and, as you’re reading this, the clock will be ticking down to one of four dates: 7 August, 7 November, 7 … [Read more…]
From The Apprentice to Dragons’ Den, we’ve all seen TV shows where would-be entrepreneurs pitch for funding to start a small business (or scale a company later down the line). While these shows make for great entertainment, they can make the idea of getting investment seem rather scary. In the real world, there are several ways to get funding to start a business … [Read more…]
Your customers want to manage their finances in one place. In this article, we look at how Sage Embedded Services lets product teams embed accounting, tax, and payroll behind flows customers already use and trust. Here’s what we discuss: The pressure to unlock new revenue Platforms that serve start-ups, small, and growing businesses are under … [Read more…]
All businesses registered for VAT now need to follow Making Tax Digital for VAT, even if they’re below the VAT registration threshold (currently £90,000). The MTD for VAT rules say you have to use compatible software for VAT accounting and keep VAT accounting records digitally. It’s a significant change. But it’s simply that the government wants to help businesses move into the digital age—with … [Read more…]